Savvysoft Technologies Private Limited

IT solutions provider with expertise in various technologies and global clientele.

1999 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 16, 2024

Savvysoft Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.14 M
  • Company Age 25 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.50 M
  • Revenue Growth 26.06%
  • Profit Growth 388.20%
  • Ebitda 371.82%
  • Net Worth 71.57%
  • Total Assets 65.48%

About Savvysoft Technologies

Savvysoft Technologies Private Limited (STPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 June 1999 and has a history of 25 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.14 M.

The company currently has active open charges totaling ₹4.50 M.

Ilangovan Radhakrishnan, Vasanthi Ilangovan, and James Devadoss serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    savvy-it.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TN1999PTC042694

  • Company No.

    042694

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology
Business Outsourcing

Who are the key members and board of directors at Savvysoft Technologies?

Board Members (3)

Name Designation Appointment Date Status
Ilangovan Radhakrishnan Country flag representing Us Director 22-Jun-1999 Current
Vasanthi Ilangovan Country flag representing Us Director 22-Jun-1999 Current
James Devadoss Country flag representing In Director 24-Sep-1999 Current

Financial Performance of Savvysoft Technologies.

Savvysoft Technologies Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 26.06% increase. The company also saw a substantial improvement in profitability, with a 388.2% increase in profit. The company's net worth Soared by an impressive increase of 71.57%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
26.06%
Revenue from Operations
27.70%
Total Assets
65.48%
Profit or Loss
388.20%
Net Worth
71.57%
EBITDA
371.82%

What is the Ownership and Shareholding Structure of Savvysoft Technologies?

In 2020, Savvysoft Technologies had a promoter holding of 18.00% and a public holding of 82.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 0.45 Cr

Latest Charge Details

Date Lender Amount Status
21 Feb 2019 Indian Bank ₹4.50 M Open

How Many Employees Work at Savvysoft Technologies?

Savvysoft Technologies has a workforce of 212 employees as of Mar 24, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Savvysoft Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Savvysoft Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Savvysoft Technologies

Recent activity within the organization

  • Annual General Meeting

    Savvysoft Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Savvysoft Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 4.50 M with Charge ID 100246295 was registered on 21 Feb 2019.

    21 Feb 2019

  • Director Appointment

    James Iyadorai Devadoss was appointed as a Director was appointed as a Director on 24 Sep 1999 & has been associated with this company since 25 years 4 months .

    24 Sep 1999

  • Director Appointment

    Ilangovan Radhakrishnan was appointed as a Director was appointed as a Director on 22 Jun 1999 & has been associated with this company since 25 years 7 months .

    22 Jun 1999

  • Director Appointment

    Vasanthi Ilangovan was appointed as a Director was appointed as a Director on 22 Jun 1999 & has been associated with this company since 25 years 7 months .

    22 Jun 1999

Recent News, Updates & Announcement

Frequently asked questions

  • Savvysoft Technologies Private Limited was incorporated on 22 Jun 1999.

  • The authorized share capital of Savvysoft Technologies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.14 M.

  • Currently 3 directors are associated with Savvysoft Technologies Private Limited.

    • Ilangovan Radhakrishnan
    • Vasanthi Ilangovan
    • James Iyadorai Devadoss
  • As per Ministry of Corporate Affairs (Mca), the registered address of Savvysoft Technologies Private Limited is 5Th Floor No 19 Kochar Towers Venkatnarayanan Road, Tnagar India, Chennai, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Savvysoft Technologies Private Limited is U72200TN1999PTC042694 and the company number is 042694 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Savvysoft Technologies Private Limited is https://www.savvy-it.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Savvysoft Technologies Private Limited has risen by 26.06%.

  • As Per 2021 financial reports, 212 employees are currently employed by Savvysoft Technologies Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Savvysoft Technologies Private Limited has experienced an upsurge of 71.57%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Savvysoft Technologies Private Limited amount to ₹ 4.50 M.

  • The most recent Balance Sheet for Savvysoft Technologies Private Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on HR Outsourcing & Talent Management